Since coming to power in late 2012, Prime Minister ABE Shinzo and his government unveiled a comprehensive policy package to revive the Japanese economy from two decades of deflation, all while maintaining fiscal discipline. This program became known as Abenomics.
“I will break down any and all walls looming ahead of the Japanese economy and map out a new trajectory for growth. This is precisely the mission of Abenomics.”
Former Prime Minister ABE Shinzo
“I want to continue Abenomics and enhance it,”
said Japan’s new Prime Minister Suga Yoshihide.
Massive monetary easing and fiscal stimulus “the pillars of Abenomics” are expected to be central to “Suganomics”.